BlackBerry: The Rise And Fall Of An Innovator


Aug. 12, 2013 - Weighing The Options

In August, BlackBerry announced that it was looking for "strategic alternatives" as it continued to struggle. It formed a "special committee" to look into the viability of joint ventures, strategic partnerships, alliances or a possible sale. As part of the announcement, the largest shareholder, Fairfax Financial, announced its CEO would be stepping down from the board of directors because of a possible conflict of interest. Fairfax would later put an offer on the table for ownership of the company.